DONOCLE - Blockchain-Based Global Lottery

Cryptocurrencies are one of the most important inventions since the inception of the web. They are ushering in a new era of decentralization, privacy, and control of one’s own data that has the potential to revolutionize many parts of society. There are currently over one thousand cryptocurrencies in use, with hundreds more being released each year. Their combined market cap has grown from $10 billion in 2016, to over $400 billion at the time of writing, having previously been much higher.
As the success and growth of blockchain-based cryptocurrency have proven, the future will witness a decentralized, efficient, and comprehensive global ecosystem. At this juncture, I would like to present DONOCLE, a global LOTTO project with more than 50 types of coins and tokens that are utilized on blockchain-based lottery-draw method and prize, which are impartial and transparently revealed to maximize the fairness.
The lottery industry is a promising one, involving billions of dollars and employing countless people. Though individual opinions regarding lottery is biased, a study states that over 90% of American consider gambling as acceptable. Lottery is a form of gambling where payment has to be made for entry into the game. The games themselves are of various types such as tombola and raffles. The simplest games make use of the scratch card that contains a set of characters. In every game, the only deciding factor is luck.
Globally, lotteries are seen as an effective way of raising money for charity and other benefaction schemes. Some forms of lottery or the other is practiced in every region of the globe. Lotteries allow funding of various social projects. In U.S., education receives the maximum benefit of the lottery scheme. Other lotteries enable specific projects such as the building of a stadium.
The future prospects of the industry look bright, with the business promising an almost assured return. However, problems persist that needs adequate correction mechanisms, including:
  • Low credibility and worries of Rigging
  • High Lottery Commission charge
  • Slow process of Prize/Donation transfer
But DONOCLE, the blockchain-based global lottery proffers solutions to these problems. The Lottery Industry is evolving on the help of Cryptocurrency, and our transparent and standardized system will lead the market. DONOCLE Team trusts that Blockchain Industry will be linked with the real economy and they will construct a secured project with their experience in Online Game and Mobile Game market, Game Entertainment and Standardization of Global Lottery System .
DONOCLE is a lottery that uses blockchain technology and allows anyone with cryptocurrency to buy a lottery ticket irrespective of the geographic location. Through the blockchain smart contract, the fairness of the online lottery system is guaranteed.
DONOCLE project is based on MIB Blockchain Platform, and we increased safety and credibility through the combination of C/S environment and Blockchain rather than putting Blockchain and any business together.

Solutions Proffered by DONOCLE

  • Provision of transparency through Blockchain Algorithm
  • Free or low charge
  • Revealing the process of Prize/Donation transfer
  • Global Lottery: Construction of Global Lottery System that are not limited to individual country.
  • Transparent System: Secured transparency of Online Lottery Prize System through Blockchain Smart Contract.
  • Airdrop and Donation: Revenue of Lottery Service are partially used for Airdrop and Donation.

Vision

The lottery industry has drastically witnessed a revolution with the help of Cryptocurrency and the Donocle standardised and transparent system will be at the forefront of the market. DONOCLE Team having loads of years of experience in the online gaming and mobile games market hope that the blockchain Industry will be integrated with our real economy, and thus construct a secured project in the industry.
Fair Game System
DONOCLE is an Online Lottery System that utilizes Bitcoin and other Altcoins as commodities.
DONOCLE project is based on MIB Blockchain Platform, and we increased safety and credibility through the combination of C/S environment and Blockchain rather than putting Blockchain and any business together.
DGBLS (Donation Global Blockchain Lottery System)
DGBLS is DONOCLE Lottery(Lotto, TOTO) Operating System that combines blockchain with GLOS(Global Lottery System) of Korea which is globally renowned for its usage in managing Sports TOTO(Korea) System.
DONOCLE Lottery System
Donocle uses an easy interface and allows players from all parts of the world to participate in this online lottery. After buying tokens, each of the players is given a unique six-digit number that is generated by the BTC counter. To ensure transparency, all the players are informed of the number of coins issued, sale number, and the price of the sale. These figures are updated regularly as the sale progresses forward.
The Donocle Lottery system comprises of the following:
  • Lottery Drawing Process,
  • Confirmation of Prize Money,
  • Purchasing the Lottery and
  • Lottery Ticket Price.
They have adopted ODF(Open Data Flow) that enables users to monitor the transfer and flow of goods(money).

DONOCLE Donation Process

Token and ICO Details

  • NAME - DONOCLE
  • SYMBOL - DDL
  • PLATFORM - ERC-20 or MIB ERC-20
  • TOTAL ISSUE - 600,000,000

Road Map

2018 Q1
  • Donocle Whitepaper development
  • Donocle project designing and technical aspect research
  • MIB Blockchain Platform linkage research (SBP: SmartX Blockchain Platform)
2018 Q2
  • Donocle PTE.LTD Singapore Donocle establishment
  • DGBLS™(Donocle Global Blockchain Lottery System)
  • Donocle Official website
  • DGBLS™ designing
2018 Q3
  • DONOCLE project is brought to a greater degree of sophistication
  • IDCM Listing contract
2018 Q4
  • Hong Kong branch establishment (Donocle International)
  • Donocle Project Demo
  • Lottery License acquisition(2 overseas region)
  • PreSale start
2019 Q1
  • Opened trading on the exchange (Hong Kong, Korea)
  • Demonstration of the Donocle project
  • Secured licenses for the lottery business (in 2 regions outside of Korea)
2019 Q2
  • DONOCLE business expansion
  • Propelling DONOCLE Donation Foundation establishment

For more information, please visit:
Author: JigaMola
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1847143

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